The fiduciary duty to monitor the investment process is not only necessary, but vital for success. Due diligence on your key
investment professional and process will not only help fulfill your fiduciary duty, but you will also discover ways to improve using
the lessons of your actual investment experience.

Although institutional investors are continually looking for ways to improve returns and manage risk through asset allocation and
manager selection, they are blocked from knowing if their past investment changes were successful. The simple truth is investment
consultant reports are inadequate. Incomplete feedback loops within them limit compliance monitoring and therefore prevents improvement
through experience.

Investment Change Evaluations has the solution. Our quantitative process objectively measures asset allocation and manager selection
changes. A Consultant Performance Review will provide your plan with valuable benefits and behavioral finance heuristics that will be a
foundation for improved investment success. A 401-Focus can provide similar information to defined
contribution plan sponsors.

If your plan has given discretionary authority to your investment consultant, the "OCIO Model," our
Discretionary Consultant Scoring service will provide you with objective performance metrics for continual evaluation.

If you are an institutional investor considering changing your investment consultant or want to explore the consultant marketplace,
ICE can also perform a Consultant Search.